The Landing Apartments, completed in 2007, is the only LIHTC project in the neighborhood. This development has provided affordable housing options to the community for over 15 years, demonstrating a long-term commitment to addressing housing needs in the area. The Landing Apartments offers 152 one-bedroom units and 64 two-bedroom units, catering to various household sizes within the low-income population of the neighborhood.

The Wilshire neighborhood has experienced demographic changes over the past decade. The population reached a peak of 6,035 in 2019 but decreased to 4,943 in 2022. Median income has fluctuated, with a high of $60,047 in 2015 declining to $44,748 in 2022. The racial distribution shows a relatively stable Hispanic population of 40-50% throughout the decade. The White population decreased from 38% in 2013 to 30% in 2022, while the Asian population increased from 2% to 9% during the same period.

These demographic shifts, particularly the decrease in population and median income in recent years, indicate an ongoing need for affordable housing options in the neighborhood. The existing LIHTC project continues to play a vital role in meeting this need, despite the absence of new projects in the last decade.

The Wilshire neighborhood's LIHTC funded affordable housing inventory, centered around the Landing Apartments, provides a significant contribution to the community's housing needs. The 216 low-income units, representing 11.4% of the estimated housing stock, offer crucial affordable options for residents. The demographic trends, including fluctuations in population and income levels, underscore the continued importance of maintaining and potentially expanding affordable housing options in the neighborhood to meet the evolving needs of its diverse population.